India weighs tariff cuts on cars, chemicals as Trump duties loom
- Posted on February 27, 2025
- By Business News Today
- 5 Views
India weighs tariff cuts on cars, chemicals as Trump duties loom
Indian officials are considering lowering tariffs on imports such as cars and chemicals to avoid US President Trump's reciprocal levies. The aim is to finalize a trade deal with the US by fall, with the goal to bolster trade to $500 billion by 2030, addressing Trump's demand for fair trade practices.
